Market Overview
Home Prices in New Point, IN
The median home value in New Point, IN is $191,020 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 7% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Point are priced53% below average. New Point is part of the Greensburg, IN metro area.
Over the past five years, New Point home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
New Point Home Price Trend
City Comparison
New Point vs. National Median
At $191,020, homes in New Point cost 53% below the national median of $410,000. This makes New Point a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Point?
20% Down Payment
$38,204
on $191,020
Monthly P&I
$996/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,265/mo
incl. taxes & insurance
Income Needed
$50,600
gross annual (30% rule)
10% Down Option
$19,102
+ PMI applies
Loan Amount (20% dn)
$152,816
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Point, IN?
The median home value in New Point is $191,020 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in New Point?
Over the past year, home values in New Point have increased by 4.3%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in New Point?
To comfortably afford the median home price of $191,020 with a 20% down payment ($38,204) at today's rates (6.8%), you'd need a gross annual income of approximately $50,600. This assumes keeping total housing costs at or below 30% of gross income.
How does New Point compare to the national average home price?
The national median home value is approximately $410,000. At $191,020, homes in New Point are 53% below the national average.
What metro area is New Point part of?
New Point is part of the Greensburg, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.